Business Development Manager

Bajaj Life Insurance Limited; Korba District; On-site; INR 200,000 - 420,000; Full time

Job summary

Bajaj Life Insurance Limited in India is seeking a dynamic sales professional to develop and execute growth strategies in the agency channel, identify opportunities for tied channel partnerships, and coach a team of agents to hit sales targets.

You will collaborate with cross-functional teams to launch new product offerings and promotions, analyze market trends, and stay ahead of competitors with clear, concise communication to stakeholders.

Qualifications

• 1-4 years of experience in agency development, field sales, or related roles within the insurance industry.
• Strong understanding of tied channel distribution models and ability to build effective partnerships.
• Excellent communication skills with ability to present complex ideas simply to both technical and non-technical audiences.

Responsibilities

• Develop and execute business development strategies to drive growth in agency channel sales.
• Identify new opportunities for tied channel partnerships and develop relationships with key stakeholders.
• Manage a team of agents to achieve sales targets and provide coaching on insurance products.
• Collaborate with cross-functional teams to launch new product offerings and promotions.
• Analyze market trends and competitor activity to inform strategic decisions.

Skills

Agency development

Field sales

Tied channel distribution models

Partnerships

Communication skills

Present complex ideas

Job description

Roles and Responsibilities

• Develop and execute business development strategies to drive growth in agency channel sales.


• Identify new opportunities for tied channel partnerships and develop relationships with key stakeholders.


• Manage a team of agents to achieve sales targets and provide coaching on insurance products.


• Collaborate with cross-functional teams to launch new product offerings and promotions.


• Analyze market trends and competitor activity to inform strategic decisions.

Desired Candidate Profile

• 1-4 years of experience in agency development, field sales, or related roles within the insurance industry.


• Strong understanding of tied channel distribution models and ability to build effective partnerships.


• Excellent communication skills with ability to present complex ideas simply to both technical and non-technical audiences.